Tempus AI, Inc. (TEM) - Long Setup | 1H Chart Analysis
The stock is currently in an uptrend within a rising channel (green lines), making higher highs and higher lows.
Based on Elliott Wave theory, we appear to be in a corrective Wave 4
bouncing from a 1H FVG.
A potential Wave 5 rally could be underway, targeting new highs near the upper channel boundary.
Trade Plan:
Entry: ~$66.84
Stop Loss: $64.00 (Below the demand zone & invalidation level)
Take Profit Target:
TP 4: $78.84 (4:1 RRR)
"Trade what you see, not what you think." – Jesse Livermore
Stick to your plan: Manage risk with stop loss placement and target levels.
Disclaimer:
This is for educational purposes only and not financial advice. Always conduct your own analysis and manage risk accordingly before trading.
Based on Elliott Wave theory, we appear to be in a corrective Wave 4
bouncing from a 1H FVG.
A potential Wave 5 rally could be underway, targeting new highs near the upper channel boundary.
Trade Plan:
Entry: ~$66.84
Stop Loss: $64.00 (Below the demand zone & invalidation level)
Take Profit Target:
TP 4: $78.84 (4:1 RRR)
"Trade what you see, not what you think." – Jesse Livermore
Stick to your plan: Manage risk with stop loss placement and target levels.
Disclaimer:
This is for educational purposes only and not financial advice. Always conduct your own analysis and manage risk accordingly before trading.
Trade closed: target reached
The 4:1 RRR target was reached, now hitting the 6:1 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.